The Zerodha Kite SuperTrend has created a big hype among traders of India mainly due to its simplicity. In general Zerodha Kite is the simplest ever trading platform that I have used. Previously we used to use trailing stop loss systems like Chandelier Exit OR SuperTrend etc in Metastock OR after 2009 Amibroker became the most popular charting platform in India. But after introduction of Zerodha Kite trailing stop loss in the form of SuperTrend people gradually shifted to Zerodha Kite for trading and also for charting.
Now why Zerodha Kite SuperTrend became so polular?
There are several reasons of Zerodha Kite trailing stop loss indicator became most polular in India.
Reason No. 1: No cost of data. For a long time people was using Amibroker mainly due to indicators like SuperTrend. But after Zerodha has introduced SuperTrend in Zerodha Kite people started joining Zerodha and started using SuperTrend in Kite. No cost of intraday as well as end of day data in Kite in compared to at least Rs. 500 to Rs. 2500 cost per month for data in Amibroker. The data in kite is clean and for equities even you can get continuous data.
Reason No. 2: The Zerodha Kite SuperTrend indicator is exactly matching the formula developed by Olivier Seban due to its created by the engineers of Zerodha whereas in Amibroker there are SuperTrend indicators available by anonymous traders with the formula having no authenticity.
Reason No: 3: Even the Zerodha Kite Trailing Stop Loss indicator is better than other broker’s SuperTrend due to its clear differentiation of buy sell line colours and unique trading arrows. The buy / sell arrow is not available in other broker platforms like Sharekhan TradeTiger OR Angel Speed Pro.
These simple but powerful features have made Kite Super Trend indicator as the highest used intraday trading indicator of India for 2017. To access Zerodha Kite instantly and know more about SuperTrend CLICK HERE.
Ankita is a graduate in English language and she has also done her MBA from the Calcutta University. She has a high knack in the stock markets. She is a NISM certified Research Analyst. An experienced stock market content writer Ankita is also trading successfully on her own account.